Uganda: Impact Assessment of the Small and Medium Agribusiness Development Fund (SMADF)

This baseline report was undertaken as part of the impact assessment of the Yield Uganda Investment Fund (YUIF), a EUR 20 million impact fund that provides targeted financing to small and medium agribusinesses (SMAs) in Uganda to help them overcome barriers to accessing capital. The Fund was established by the European Union Commission and has been capitalized by IFAD/EU Commission, the National Social Security Fund of Uganda (NSSF), Soros Economic Development Fund (SEDF) and Finnish Church Aid Investment (FCAI). The first assessed SMA is Sesaco Ltd., a family-owned agro-processing firm specialising in soy-based products, including beverages and fortified flour. This impact assessment is designed to investigate the impact of the Fund on small-scale farmers involved in Sesaco's supply chain.